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July 2021 -Executive Overview

· Overview: Total intermodal volumes declined only slightly in the latest month as demand remains strong for consumer goods into the summer. · International: International volumes increased slightly and nearly fully offset a bit of weakness in the domestic space on a non-seasonally adjusted basis.  · Domestic: Domestic volumes

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Next year shows early promise Tight trucking market underpins stronger growth prospects

The expectations for next year’s intermodal market show extended promise as the underlying economic factors now appear more rosy. The Intermodal Competitive Index will hold in positive territory for longer into 2022 as the competing truck market takes longer to cool off and add additional capacity to the marketplace. Active

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June 2021 – Intermodal Outlook

· There were few near-term changes to the forecast this month as the overall value proposition presented by intermodal remains relatively little changed. · There was a significant increase nearly across the board for 2022 expectations with the exception of domestic trailers. It is now expected that the underlying fundamentals across

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June 2021 – Ports Review

North America Latest Import Statistics (Current Month) · U.S. import volumes sagged by 2% in April compared sequentially with a robust March. · The U.S. west coast was the laggard with volumes off just over 5% sequentially. Pacific Northwest ports and the San Pedro Bay ports of Los Angeles and

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June 2021 – Train Speed Review

Rail service has slipped in recent weeks and is now below 2019 levels on a networkwide basis for intermodal traffic in the last few weeks. This weakening has been felt by shippers not just across the intermodal space but across all commodities moving by rail, and early indications are that it

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June 2021 – AAR Review

AAR Weekly Intermodal Loadings · Overview: Overall North American intermodal loadings remain strong in the last few weeks and appear rangebound within the levels set over the last few months. · United States: North American loadings generally followed U.S. performance, which – while off its recent peaks – is still operating

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June 2021 – Intermodal Review

Intermodal Revenue Moves · Total: Intermodal volumes held their ground in April, declining only slightly from the high levels they achieved in March. The slight decline from March is not entirely unexpected because of the catch-up effect from February’s weather-depressed volume levels. · International: International volumes held fairly steady

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June 2021 – Executive Overview

· Overview: Intermodal volumes declined slightly in April from their March results but overall held their strong levels they have been running at for the last several months. · International: International volumes declined just over 1% in April from March, aided by increases at east coast ports that digested delayed large

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Congestion has many causes, and there are many solutions

A universal chassis pool would alleviate some of the worst congestion Congestion and service issues are not unique to the railroads and have been widespread among port terminals, railroad intermodal facilities, and drayage providers over the last several weeks. While much attention is paid and rightly so to rail carrier

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May 2021 – Intermodal Outlook

· Intermodal’s outlook for this year and next continued to brighten from its already strong levels in the latest forecast. The outlook for intermodal is at nearly 12% above 2020 levels for the full year 2021. · International and domestic will each participate in the robust growth year, with even domestic trailers

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